Inter-Generational Learning


Astrology, Numerology, Palmistry And Wealth


The immediate impetus to write this post came from watching this video today:

However, I’ve wanted to say what I do in this post for a pretty long time i.e. ever since I started noting the number of readers interested in my astrology , numerology, palmistry and other posts of a like nature and the anxious questions that are asked of me via comments and sometimes even e-mails.I fear that a lot of people are placing an excessive reliance on slavishly following fetishes and rituals to make money, rather than exercising robust common sense and improving┬átheir money making skills. Read more of this post

The Yen Carry Trade


wealthymattersA carry trade is a strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used.

Here’s an example of a “yen carry trade”: a trader borrows 1 million┬áJapanese yen from a Japanese bank, converts the funds into U.S. dollars and buys a bond for the equivalent amount. Let’s assume that the bond pays 4.5% and the Japanese interest rate is set at 0%. The trader stands to make a profit of 4.5% as long as the exchange rate between the countries does not change. Many professional traders use this trade because the gains can become very large when leverage is taken into consideration. If the trader in our example uses a common leverage factor of 10:1, then he can stand to make a profit of 45%.Big outfits carry leverages of 100-300% Read more of this post

Cost Of Mining Gold


With all the talk of returning to a gold standard in some or other way, do take a look at the gold production cost in the US.

Then you will get the Buffett wisdom of not betting against the US.

Not to say that other countries challenging the US for pole position won’t provide good opportunities for agile people to make money.

wealthymatters

Falling Oil Prices


Falling oil prices are good news for oil refiners and companies using hydrocarbon based raw materials.

Falling crude oil prices help contain the import bill of countries like India. And a godsend when we are struggling with lower export earnings.

But there is the danger of salary cuts,layoffs and related problems in producer countries that might ultimately hit certain exports to these countries.

So which countries are likely to be the danger areas ?Take a look at the cost of production figures in various countries and check them against prevailing oil prices.

oil costs

Read more of this post

Follow

Get every new post delivered to your Inbox.

Join 3,066 other followers

%d bloggers like this: